2. Many stratas are run by Committees who do not want Levies increased to cover obvious maintenance. This is often due to the fact many owners in the complex are in over 55 sepp5 strata & cannot afford increased Levies & the committee, who are also owners, do not want Levies increased as they are pensioners. They won’t sell, so Levies do not meet requirements or requirements of maintenance are ignored. Special Levies are never raised.
Again, I agree. But the unavoidable part of this equation is that buildings deteriorate over time and owners corporations have to fix them. What’s missing is education and understanding about their options and the consequences of doing nothing until the situation reaches breaking point.
Problem is that by the time the maintenance has deteriorated to a point of HAVING to be addressed, the owners on committee have either moved on, died or too ill to care. The breaking point is then borne by those owners left. In the over 55s complex I’m in, the rogue committee members just spend the sinking fund on their own apartments & those of their proxy friends. They use up the sinking fund then they die or sell. It’s sad to watch. NCAT do little to help. Seems strata is not a focus anymore of any Department